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Yuri [45]
3 years ago
11

________ relates to the distribution of resources across society.

Business
1 answer:
ehidna [41]3 years ago
5 0

Answer:

d. Equity

Explanation:

Equity involves the implementation of the appropriate act to achieve fairness. This makes it possible to ensue that the right of an individual is not jeopardized. Thus, equity treat everyone with all fairness and ensure compensation where necessary.

Since the resources are distributed across the society, then this relates to equity. Equity means equality.

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The basic model of pure competition reviewed in this chapter finds that in the long run all firms in a purely competitive indust
Helen [10]

If all firms only earn a normal profit in the long run, firms will develop new products or lower-cost production methods because they can innovate and possibly earn an economic profit in the short run.

Explanation:

Competition involves constant efforts by companies and executives to do more than the loss (normal gains) of new goods or by improving ways to manufacture current products at lower prices. Therefore, if businesses can invent, they will achieve short-term economic advantage.

Economic benefit encourages entry, economic losses lead to exit and firms in a highly profitable market earn little economic income in a long-term equilibrium. In an industry where inflation does not change the costs of materials (a market with a constant cost), the long-term supply curve is a horizontal line.

7 0
2 years ago
At the beginning of 2016, robotics inc. acquired a manufacturing facility for $12 million. $9 million of the purchase price was
Serhud [2]

Answer:

$667,826

Explanation:

Straight Line depreciation is a method of depreciation in which the cost of the asset net of residual value is divided over useful life.

As per given data

Cost of building = $9,000,000

Residual Value = $1,000,000

Useful life = 25 years

Depreciation per year = ($9,000,000 - $1,000,000 ) / 25 years = $320,000

Net Book Value at beginning of 2018 = $9,000,000 - $320,000 = $8,680,000

Switched to Double Declining Method

In double declining method the double depreciation is charged on the asset's book value at the beginning of the year. The Depreciation is accelerated in this method.

Depreciation for 2018 = 2 x (Asset's book value at the beginning of the year - Salvage Value ) / Numbers of Useful life remaining

Depreciation for 2018 = 2 x ($8,680,000 - $1,000,000 ) / (25 - 2)

Depreciation for 2018 = 2 x ($8,680,000 - $1,000,000 ) / (25 - 2)

Depreciation for 2018 = $667,826

7 0
3 years ago
A company issues $25300000, 7.8%, 20-year bonds to yield 8.0% on January 1, Year 17. Interest is paid on June 30 and December 31
kirza4 [7]

Answer:

$1,960,623

($24,505,180 × .04) + ($24,510,387 × .04) = $1,960,623.

Explanation:

3 0
2 years ago
The ________ pay plan has long been popular as a means of compensating production workers by paying a fixed sum for each unit of
elena55 [62]

Answer: Piece rate

Explanation:

The piece rate payment plan pays production workers based on the unit of product they completely produce, rather than fixed wages payment. Therefore in the piece rate payment pattern payment is based output of each worker.

7 0
2 years ago
17-04On January 1, 2020, Carla Company purchased 11% bonds, having a maturity value of $328,000 for $353,515.61. The bonds provi
alexandr402 [8]

Answer:

Debt securities                    328,000.00 debit

premium on Debt securities   25.515,61 debit

                       Cash                         353,515.61 credit

cash   36,080 debit

  premium on Debt securities 4,263.6 credit

  interest revenue                  36,080 credit

unrealized loss                         14.547,99‬ debit

premium on debt securities    21.252,01‬ debit    

        discount on debt securities    35,800 credit

unrealized loss                         10.782‬‬ debit

        discount on debt securities    10.782‬ credit

Explanation:

interest will be carrying value times market rate:

353,515.61 x 9% = 31.816,40 interest

cash proceed 328,000 x 11% = 36,080

amortization on premium: 4.263,6‬

premium after proceeds:

25.515,61 - 4,263.6 = 21.252,01‬

Then, we adjust the bonds to the fair value against the premium

353,515.61 - 4,263.6 = 349.252,01‬

fair value as 2017     <u>     292,200    </u>

adjustment:                      57,052.01‬

we will erase the premium and do a discount for:

328,000 - 292,200 = 35,800

we do the same process for 2018:

292,200 x 0.09 = 26.298‬

cash proceed 328,000 x 11% = 36,080

amortization on discount:   9,782

35,800 - 9,782 = 26.018‬

book value 292,200 + 9,782 = 301.982‬

fair value                                 <u>   291,200</u>

additional discount on                 10.782‬

we again have an unrealzied loss until we sale the bonds

3 0
2 years ago
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